Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jul. 01, 2022

Equity [Abstract]

Reclassification of Accumulated Other Comprehensive Income (Loss)

The changes in Accumulated other comprehensive income/(loss) by component are summarized below:

($ in millions)	Foreign Currency Translation Adjustments		Other Adjustments (a)			Total
For the Three Months Ended July 1, 2022:
Balance, April 1, 2022	$	169.8	$	(3.1)		$	166.7
Other comprehensive income (loss) before reclassifications, net of income taxes	(63.1)		—			(63.1)
Amounts reclassified from accumulated other comprehensive income (loss):
Increase	—		0.1			0.1
Income tax impact	—		—			—
Amounts reclassified from accumulated other comprehensive income, net of income taxes	—		0.1		(b)	0.1
Net current period other comprehensive income (loss), net of income taxes	(63.1)		0.1			(63.0)
Balance, July 1, 2022	$	106.7	$	(3.0)		$	103.7
For the Three Months Ended July 2, 2021:
Balance, April 2, 2021	$	182.6	$	(4.4)		$	178.2
Other comprehensive income (loss) before reclassifications, net of income taxes	(2.0)		—			(2.0)
Amounts reclassified from accumulated other comprehensive income (loss):
Increase	—		0.1			0.1
Income tax impact	—		(0.1)			(0.1)
Amounts reclassified from accumulated other comprehensive income, net of income taxes	—		—		(b)	—
Net current period other comprehensive income (loss), net of income taxes	(2.0)		—			(2.0)
Balance, July 2, 2021	$	180.6	$	(4.4)		$	176.2
(a) Includes balances relating to defined benefit plans and supplemental executive retirement plans.
(b) This accumulated other comprehensive income component is included in the computation of net periodic pension cost.

($ in millions)	Foreign Currency Translation Adjustments		Other Adjustments (a)			Total
For the Six Months Ended July 1, 2022:
Balance, December 31, 2021	$	184.9	$	(3.2)		$	181.7
Other comprehensive income (loss) before reclassifications, net of income taxes	(78.2)		—			(78.2)
Amounts reclassified from accumulated other comprehensive income (loss):
Increase	—		0.2			0.2
Income tax impact	—		—			—
Amounts reclassified from accumulated other comprehensive income, net of income taxes	—		0.2		(b)	0.2
Net current period other comprehensive income (loss), net of income taxes	(78.2)		0.2			(78.0)
Balance, July 1, 2022	$	106.7	$	(3.0)		$	103.7
For the Six Months Ended July 2, 2021:
Balance, December 31, 2020	$	198.3	$	(4.5)		$	193.8
Other comprehensive income (loss) before reclassifications, net of income taxes	(17.7)		—			(17.7)
Amounts reclassified from accumulated other comprehensive income (loss):
Increase	—		0.2			0.2
Income tax impact	—		(0.1)			(0.1)
Amounts reclassified from accumulated other comprehensive income, net of income taxes	—		0.1		(b)	0.1
Net current period other comprehensive income (loss), net of income taxes	(17.7)		0.1			(17.6)
Balance, July 2, 2021	$	180.6	$	(4.4)		$	176.2
(a) Includes balances relating to defined benefit plans and supplemental executive retirement plans.
(b) This accumulated other comprehensive income component is included in the computation of net periodic pension cost.